Advance Financial 24/7 offers a variety of online services. One service is its flex loan, which functions like a line of credit combined with a short-term installment loan. Approved borrowers can borrow up to $2,000, and can withdraw the funds as they need them. These loans have no minimum payments and only require interest on the amount borrowed. Customers in Alabama and Alaska can apply for these loans online.
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The financial services industry is changing rapidly in response to the rise of the internet. Traditional financial firms are trying to reinvent themselves to compete in this brave new world. Financial dot-coms are putting their advertising and technology budgets behind innovative services and are challenging established financial institutions. While these newcomers have a competitive edge, they are also facing similar challenges.
Fortunately, many financial services are available to consumers online. Advance Financial, based in Nashville, Tennessee, operates over 100 stores and provides online loan services in 13 states. The company provides fast lending decisions for installment loans and line of credit loans. Other financial services that Advance Financial offers include bill-pay, check cashing, free money orders, and two-minute ATM services. The company also offers free Western Union wire transfers and NetSpend prepaid cards.